Ubitium secures $14 million for chip combining sensing, AI and control

First reported by RuntimeWire at · Updated · 2 sources

The German semiconductor startup is developing a universal processor for machines that perceive, think and act in the physical world, according to SiliconANGLE. The publisher reports that Ibex Investors led the additional seed funding, with OpenOcean participating. RuntimeWire says the funding will help move Ubitium’s reconfigurable design toward commercial use.

  • RuntimeWire identifies Ubitium’s founders as Hyun Shin Cho and Martin Vorbach.
  • SiliconANGLE lists KBC Focus Fund, Runa Capital and Inflection among participating existing investors.

Covered by 2 publishers within 9 hours of the first report.

Reporting2

RuntimeWire Ubitium raises $14M to put sensing, AI and control on one chip · RuntimeWire Staff
SiliconANGLE Ubitium raises $14M to build universal processor for machines that perceive, think and act · Kyt Dotson